Environmental
A Mississippi property located in a Special Flood Hazard Area (SFHA) with a federally backed mortgage must have:
AOnly standard homeowners insurance
BFlood insurance through the National Flood Insurance Program (NFIP) or a private equivalent✓ Correct
COnly windstorm insurance
DA flood study performed before purchase
Explanation
Federal law (Flood Disaster Protection Act) requires flood insurance for properties in Special Flood Hazard Areas (100-year floodplain) when the mortgage is federally backed or from a federally regulated lender. This applies to much of Mississippi's coastal and river areas.
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